Majestic Theatre Inc
TO PROMOTE INTEREST IN THE LOCAL AND SURROUNDING AREA IN THE THEATER, AND TO PRESERVE AND RENOVATE THE HISTORICALLY SIGNIFICANT MAJESTIC THEATRE.
Majestic Theatre Inc
Majestic Theatre Inc is a 501(c)(3) nonprofit organization categorized under Recreation, Sports, Leisure, Athletics, and classified as a Community Recreational Center (NTEE classification). Based on the available data, it operates with a focus on purposes that could include educational, charitable, or community recreational activities.
Financial Overview
As of the extracted financial data from Form 990, Majestic Theatre Inc derives its revenue primarily from contributions, which make up about 58.9% of its total revenue. Other significant sources of income include program services and rental property income.
| Notable Sources of Revenue | Percent of Total Revenue |
|---|---|
| Contributions | 58.9% |
| Program Services | 30.6% |
| Rental Property Income | 7.1% |
| Net Inventory Sales | 3.3% |
The organization reported total assets of $683,227 and total liabilities of $351. Key employees and officers, such as the President, Vice President, Secretary, and Treasurer, do not receive compensation.
Governance and Operations
The specific details of the governance structure and operational activities of Majestic Theatre Inc are not fully documented in the available information. Nonprofit organizations like Majestic Theatre Inc typically rely on volunteers and donations to support their programs and services.
Conclusion
Majestic Theatre Inc functions as a nonprofit entity in the United States, focusing on community recreational activities and relying heavily on contributions. Despite limited detailed information available on its specific programs or governance structure, the organization is recognized for its role in community engagement and charitable activities.
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Chillicothe
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